Diana Fixes Panamax

Athens-based Diana Shipping has through one of its wholly-owned subsidiaries entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels.

The 2001-built, 75,247 dwt m/v Alcyon will be bringing Diana USD 7,600 per day, minus a 5% commission paid to third parties, for a period of minimum eight months to maximum eleven months. The charter commenced on August 22, 2015.

This employment is anticipated to generate approximately USD 1.82 million of gross revenue for the minimum scheduled period of the time charter.

The Alcyon’s previous employment was a 31-month stint at the U.K.-based EDF Trading Limited with a gross charter rate of USD 7,750.

This is the second Panamax Transgrain Shipping has taken on a charter from Diana this month.